Spain: Tilapias Market 2022

Tilapias Market Size in Spain

The Spanish tilapias market skyrocketed to $X in 2021, picking up by X% against the previous year. Overall, consumption recorded a perceptible decline. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Tilapias Production in Spain

In value terms, tilapias production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Tilapias Exports

Exports from Spain

After two years of decline, shipments abroad of tilapias increased by X% to X tons in 2021. Over the period under review, exports, however, showed a dramatic decline. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, tilapias exports surged to $X in 2021. Overall, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Portugal (X tons), Cuba (X tons) and France (X tons) were the main destinations of tilapias exports from Spain, with a combined X% share of total exports. Italy, Equatorial Guinea, the Netherlands and Cabo Verde lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +X%), while the other leaders experienced mixed trend patterns.

In value terms, Portugal ($X), Cuba ($X) and Italy ($X) constituted the largest markets for tilapias exported from Spain worldwide, together accounting for X% of total exports. These countries were followed by France, Equatorial Guinea, Cabo Verde and the Netherlands, which together accounted for a further X Netherlands, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average tilapias export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, tilapias export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X%), while the prices for the other major destinations experienced a decline.

Tilapias Imports

Imports into Spain

In 2021, approx. X tons of tilapias were imported into Spain; shrinking by -X% against the previous year's figure. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, tilapias imports soared to $X in 2021. Overall, imports saw a deep reduction. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of tilapias to Spain, accounting for a X% share of total imports. Moreover, tilapias imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. Portugal (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Portugal (+X% per year).

In value terms, China ($X) constituted the largest supplier of tilapias to Spain, comprising X% of total imports. The second position in the ranking was taken by Portugal ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average tilapias import price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Colombia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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